2214 S Spaulding, Los Angeles, CA 90016

$1,150,000
12
BD
10
BA
4,845
SqFt

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Listing courtesy of Listing Agent: Cesar Vasquez (cesar@kasere.com) from Listing Office: Kase Real Estate.

List Price
$1,150,000
Status
ACTIVE
Days on Market
7
MLS#
PW26211533
Subtype
Residential
Year Built
1928
Bedrooms
12
Bathrooms
10
Full Baths
10
Living Area
4,845
Lot Size
4,924
Acres
0.11
MLS Area Major
Mid Los Angeles (C16)

Property Description

SHOVEL-READY RTI DEVELOPMENT OPPORTUNITY IN PRIME MID-CITY! A rare opportunity for a developer or investor to step into 2214 S Spaulding Ave with the heavy lifting already completed. Offered with approved RTI plans for a thoughtfully designed 4 UNIT development consisting of a front duplex and two detached ADUs, creating a total of 12 bedrooms and 10 bathrooms across approximately 4,845 SF of proposed living area. With plans approved and Ready-to-Issue, the next developer can bypass the lengthy design and plan-check process and move directly toward pulling permits and beginning construction. The approved project features two spacious 3-bedroom, 3-bath residences in the front duplex, complemented by two detached 3-bedroom, 2-bath ADUs, all designed with contemporary architecture and highly functional layouts. The combination of four family-sized units provides multiple potential exit strategies, whether the goal is to build and hold as an income-producing asset or develop for resale. Located in one of Central Los Angeles’ most desirable infill corridors, the property sits in Mid-City near the Culver City/Westside corridor, with convenient access to Culver City, West Adams, Beverly Hills, USC/Exposition Park, Downtown Los Angeles, and the 10 Freeway. Skip the year of planning and entitlement work and take over a project positioned for construction. Plans and additional development information available upon request.

Additional Information

Interior Features
All Bedrooms Down
Stories
One Level
Levels
One
Pool Type
None
Garage Spaces
1
School District
Los Angeles Unified
View
None

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.